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1-Bed R2RSA - Gloucester
About this property
A great opportunity to acquire a high standard 1 bed apartment in the heart of Gloucester, fully furnished and ready to generate returns from day one.
Full management service is also available @ 15% if required, along with utilities setup to make this a truly hands off investment.
Financials @ 70% occupancy (based on fully furnished excluding management):
Investment required = £6,600
Base nightly rate = £110
Monthly profit = £938
Annual profit = £11,256
ROCE = 120%
Please contact for further info.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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